(b) If Lessee has elected the options specified in Section 1(b) above, then as
soon as practicable thereafter, Lessor and Lessee shall consult for the
purpose of determining the Fair Market Sales Value of the Aircraft as of the
end of the Basic Term, and any values agreed upon in writing between Lessor
and Lessee shall be binding on both parties. If Lessor and Lessee fail to
agree upon any such value prior to one hundred fifty (150) days before the
Expiration Date, Lessor shall then appoint an independent certified appraiser
(reasonably acceptable to Lessee) to determine the applicable value, and such
determination by the independent appraiser shall be made within thirty (30)
days after such appointment and shall be binding on Lessor and Lessee. The
independent appraiser shall make any such determination utilizing the
definition of Fair Market Sales Value, including all assumptions. Lessee
agrees to pay the costs and expenses of any such determination and appraisal.



\*\*3.\*\* \*\*Time to Exercise Option\*\*.



(a) \_Early Purchase Option Election Notice\_. Prior to November 23, 2025,
Lessee may provide Lessor with written notice pursuant to which Lessee will
indicate its irrevocable election to purchase the Aircraft pursuant to Section
1(a) above (an “ \*\*Early Purchase Election Notice\*\* ”). The Early Purchase
Election Notice shall specify the date of the purchase of the Aircraft, which
date shall be a rental payment date and shall be not less than 90 days and not
more than 180 days from the date of the Early Purchase Election Notice.



OA-1





(Aircraft Lease MSN 42000181)